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State Lands | |
Deposit and Allocation of Revenues from State Lands | |
Section 1 | Sovereign Lands Management Account -- Creation -- Contents -- Appropriation to fund division expenses. |
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65A-5-1. Sovereign Lands Management Account -- Creation -- Contents --
Appropriation to fund division expenses. (1) There is created within the General Fund a restricted account known as the Sovereign Lands Management Account. (2) The account shall consist of the following: (a) all revenues derived from sovereign lands; and (b) that portion of all revenues derived from mineral leases on other lands managed by the division necessary to recover management costs. (3) All expenditures of the division relating directly to the management of state lands shall be funded by appropriation by the Legislature from the Sovereign Lands Management Account or other sources.
Amended by Chapter 303, 2011 General Session |
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